"Private sector issuers may not enjoy the pricing power that state owned companies enjoy due to better credit quality," said a merchat banker.
While HDFC Bank is reaching out to the rural community on its own, Axis Bank and Yes Bank are working through business correspondents.
RBS will lay off a quarter of its workforce and shutter branches, said two people familiar with the plans.
Loans demand from individuals in Australia is falling after they became the most indebted before the crisis.
The committee will review the existing policies relating to bank finance for exports and suggest measures to improve timely, adequate and hassle-free flow of credit.
Banks to ease recompense clause for companies that become profitable after debt restructuring, as firms choose to stay in cell to enjoy lower interest rates.
The rating company is of the view that the bank's loan growth will moderate from historically high rates.
In October-December 2012, the CDR cell admitted only 24 cases worth 19,650 crore compared with 41 cases worth 20,528 crore in the second quarter of 2012.
Tulip Telecom failed to repay their outstanding foreign currency convertible bonds worth $140.17m, including a premium of $43 million in Sept last year.
Morgan Stanley, will, however, continue to run its investment bank in India and stay registered as a non-banking finance company with RBI.
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